Neuron Energy Joins Hands With EV Manufacturer E-Ashwa

EV battery manufacturing startup, Neuron Energy has announced its strategic tie-up with EV Giant E-Ashwa Automotive. The purchase order includes 600 battery packs per month and 10,000 battery packs annually. It is therefore estimated that the deal will close at a whopping Rs 2 crores a month and Rs 30 crores annually. 

Commenting on the association, Pratik Kamdar, Co-Founder, of Neuron Energy said, "As a result of this tie-up, both companies will have the opportunity to provide their customers with high-quality battery packs and extend their reach across the country. Furthermore, this will provide the platform for the growth of domestic players in the space and give the much-needed impetus to the “Make in India” and “Vocal for Local” movements." 

With rising eco-consciousness among general people coupled with rising prices of fossil fuels and ICE vehicles getting tough on the pockets to maintain, electric vehicles are becoming more appealing as an alternative. So eco-friendly batteries are designed to provide an efficient and clean source of electricity for electric vehicles. These batteries provide a variety of benefits that will revolutionise the Indian electric vehicle industry. Additionally, these batteries offer superior performance, with faster charging times and extended ranges.